S&P, Moody's And Fitch: Do We Need Them? |
| December 08, 2011 | December 2011 Bond Updates |
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Imagine if Lehman Brothers survived the financial crisis in 2008 and now in 2011 was advising clients to buy large positions in subprime mortgages. Better yet, imagine that the requirements for subprime mortgages remained the same: no income, no job and no assets still got you a loan. |
| View more at: http://www.forbes.com/sites/halahtouryalai/2011/12/06/sp-moodys-and-fitch-do-we-need-them/ |
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